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    Richmond Hill / Doncrest

    627 - 372 Highway 7 Ave E

    For RentRoyal Gardens II Condos
    $2,680/mth
    1 Bed + 1
    2 Bath
    1 Parking
    700 - 799 SQFT
    28 Days on Strata
    Est Lease Timeframe
    25 Days

    Listing History

    Unit Highlights

    Possession Date:
    January 6, 2025
    Lease Term:
    1 Year
    Property Type:
    Condo
    Utilities Included:
    No
    Outdoor Space:
    Enclosed/Solarium
    Furnished:
    No
    Exposure:
    East
    Locker:
    None
    Laundry:
    Ensuite
    Renter's Market
    Balanced
    Landlord's Market

    Utilities Included

    Rent Includes
    Heat
    Air Conditioning
    Water
    Parking
    Building Insurance
    Excluded
    Hydro

    Utility Type

    Air Conditioning
    Central Air
    Heat Source
    Gas
    Heating
    Forced Air

    Room Dimensions

    Kitchen
    Combined with Living, Stainless Steel Appliances, Laminate
    11.68 x 10.66ft
    Dining
    Combined with Living, Open Concept, Laminate
    11.68 x 10.66ft
    Living
    Combined with Dining, Walkout To Balcony, Laminate
    12.01 x 9.84ft

    About this Listing

    The Crown Luxury Royal Gardens Presents The Palace. Beautiful 1+Den Corner Unit W/2Washrooms + 40 Sqft Open Balcony W/Unobstructed East Exposure. 9'Ceilings, Fully Upgraded Unit- Move-In Ready. Very Bright & Spacious Den Can Be Converted To 2nd Bedroom, Scratch Resistant Laminate Floors Throughout. Walking Distance To Viva Stop, Supermarket, Restaurants & Banks. Minutes To 404 & 407. Parking Next To Elevator

    hc realty group inc.MLS® #N10874777

    Amenities

    Concierge
    Indoor Parking
    Rooftop Deck
    Party Room
    Guest Suites
    Media Room

    Explore Neighbourhood

    7/10
    Walkability
    It's a 'sometimes you feel like a nut, sometimes you don't' kind of walkability.
    5/10
    Transit
    It's a dice roll — but hey, sometimes you roll a six!
    6/10
    Bikeability
    You'll have a love-hate relationship with your gears. Mostly hate.

    Similar Listings

    Demographics

    Based on the dissemination area as defined by Statistics Canada. A dissemination area contains, on average, approximately 200 – 400 households.

    Population
    28,740
    Average Individual Income
    $83,140
    Average Household Size
    2 persons
    Average Age
    44
    Average Household Income
    $148,314
    Dominant Housing Type
    Detached
    Population By Age
    0 - 14
    20%
    20 - 34
    18%
    35 - 49
    22%
    50 - 64
    22%
    65+
    14%
    Household Income
    $0 - $30,000
    40%
    $30,000+
    22%
    $60,000+
    16%
    $90,000+
    11%
    $125,000+
    8%
    Housing Types & Tenancy
    Detached
    78%
    Semi Detached
    12%
    Duplex
    3%
    Low Rise Apartment
    2%
    High Rise Apartment
    2%
    Marital Status
    Commute
    Languages (Primary Language)
    English
    86%
    Other
    8%
    Mandarin
    3%
    Cantonese
    2%
    Russian
    1%
    Education
    High School
    29%
    University and Above
    27%
    College
    20%
    None
    15%
    Apprenticeship
    5%
    University Below Batchelor
    2%
    Major Field of Study
    Business Management
    23%
    Architecture & Engineering
    19%
    Social Sciences
    14%
    Health & Related Fields
    11%
    Personal, Protective & Transportation Services
    5%
    Humanities
    5%
    Math & Computer Sciences
    5%
    Education
    5%
    Physical Sciences
    3%
    Visual & Performing Arts
    3%
    Agriculture & Natural Resources
    1%

    Price Trends

    Maintenance Fees

    Royal Gardens II Condos vs The Doncrest Area

    Building Trends At Royal Gardens II Condos

    Days on Strata

    Units at Royal Gardens II Condos spend an average of
    38
    Days on Strata
    based on recent sales

    List vs Selling Price

    On average, these condos sell for
    100%
    of the list price.
    Or in other words, the
    entire list price

    Offer Competition

    Condos in this building have an
    AVERAGE
    chance of receiving
    Multiple Offers
    compared to other buildings in Doncrest

    Turnover of Units

    On average, each unit is owned for
    3.6
    YEARS before being sold again

    Property Value

    -4%
    Decrease in property value within the past twelve months

    Price Ranking

    3rd
    Highest price per SQFT out of 12 condos in the Doncrest area

    Sold Units

    18
    Units were Sold over the past twelve months

    Rented Units

    41
    Units were Rented over the past twelve months

    Best Value Rank

    Royal Gardens II Condos offers the
    ?
    best value out of 12 condos in the Doncrest neighbourhood

    Appreciation Rank

    Royal Gardens II Condos has the
    ?
    highest ROI out of 12 condos in the Doncrest neighbourhood

    Rental Yield

    Royal Gardens II Condos yields the
    ?
    highest rent prices out of 12 condos in the Doncrest neighbourhood

    High Demand

    Royal Gardens II Condos is the
    ?
    most popular building out of 12 condos in the Doncrest neighbourhood

    Transaction Insights at 372-382 Highway 7

    1 Bed1 Bed + Den2 Bed2 Bed + Den3 Bed3 Bed + Den
    Price Range$515,000 - $900,000$588,888 - $673,800$652,800$650,000 - $785,000No DataNo Data
    Avg. Cost Per Sqft$985$887$841$856No DataNo Data
    Avg. Wait for Unit Availability29 Days18 Days116 Days187 Days170 Days665 Days
    Ratio of Units in Building35%47%9%5%4%2%

    Transactions vs Inventory

    Total number of units listed and leased in Doncrest